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that the leases had been "regeared" and extended to include a penalty at the tenants break.
Das passiert nachdem ein Eigentümerwechsel einer Immobilie stattgefunden hat. Danke.
to regear = to readjust or rework (Collins), to alter (something) for a new purpose or condition (Oxforddict.)
to readjust = neu anpassen, neu einstellen
to rework = überarbeiten
auch: to regear = einen neuen Fokus auf etwas richten (Linguee)